Since March, the A-share market has fallen sharply and repeatedly hit new lows until it hit the bottom on the 16th, and then rose on the 17th and 18th.
However, after the rebound of a shares, the balance of two financing still decreased continuously. On the 16th and 17th, the cumulative net sale of financing was 8.542 billion yuan, and the cumulative net purchase of securities lending was 51 million yuan. In the view of the industry, the two financial funds may have the intention of reducing leverage by rebound.
Unlike the two financing funds, the net outflow of northbound funds decreased significantly after the rebound of a shares, and was adjusted to net inflow in the next two trading days. From the 16th to the 18th, the total net inflow of funds from the North was 13.74 billion yuan.
financing continuous net sales
Since March, the A-share has fluctuated downward, with the Shanghai index falling 6.10% and the Shenzhen composite index falling 8.38%. Among them, A-Shares fell sharply from March 8 to 15, but rebounded and rose from March 16.
In terms of the balance of the two financial institutions in Shanghai and Shenzhen, the balance of the two financial institutions increased and decreased from the 1st to the 7th, and the long and short differences were obvious; Since the 8th, the balance of the two financial institutions has decreased continuously. Even if the A-share rebounded on the 16th, it failed to change the downward trend.
According to wind information data, the financial balance on the 16th and 17th decreased by 2.067 billion yuan and 2.2 billion yuan respectively compared with the previous trading day. The cumulative net sales of financing in the above two days were 8.542 billion yuan, and the cumulative net purchase of securities lending was 51 million yuan.
As of the 17th, the balance of financing in Shanghai and Shenzhen was 1.686 trillion yuan, of which the balance of financing was 1.594 trillion yuan and the balance of securities lending was 92.412 billion yuan.
From the perspective of shenwanyi industry (2021), from the 16th to the 17th, 7 industries were in the state of net buying financing, and the other 24 industries were in the state of net selling.
Among them, the non bank financial and coal industries with large net purchase amount, with net purchases of more than 100 million yuan, 658 million yuan and 275 million yuan respectively, indicating that these two industries are favored by financing customers recently. The net sales of financing in industries such as electronics (- 947 million yuan), food and beverage (- 759 million yuan), agriculture, forestry, animal husbandry and fishery (- 557 million yuan), public utilities (- 526 million yuan) are large, all above 500 million yuan.
In terms of net sales of securities lending, non-ferrous metals, non bank finance, medicine and biology bear the brunt, with net sales of securities lending exceeding 100 million yuan. The net securities lending sales of machinery, commercial retail and beauty care were negative, respectively -144 million yuan, – 896308 million yuan and -65.846 million yuan.
As for individual stocks, according to the data of wind information, the financing balance of 74 stocks accounts for more than 10% of the circulating stocks. Among them, Rendong Holdings Co.Ltd(002647) is controlled by financing customers, with the latest financing balance of 1.462 billion yuan, accounting for 32.08% of its circulating market value, far ahead; Followed by Guangzhou Sanfu New Materials Technology Co.Ltd(688359) , Bozhon Precision Industry Technology Co.Ltd(688097) , China Sports Industry Group Co.Ltd(600158) , Sumavision Technologies Co.Ltd(300079) , torch core technology and canqin technology. The financing balance accounts for more than 15% of the circulating market value.
From the 16th to the 17th, the financing balance of 10 stocks increased by more than 20%. Among them, the growth rate of Sri new material and Suzhou New District Hi-Tech Industrial Co.Ltd(600736) was more than 50%. The former was new shares, and the latter’s share price rose against the trend recently, with a cumulative increase of 41.08% since March. However, it is worth noting that among the stocks whose financing balance fell sharply on the 18th, Sri new material and Suzhou New District Hi-Tech Industrial Co.Ltd(600736) also ranked among the top, with a decline of 21.09% and 14.74% respectively; In addition, China Eastern Airlines Corporation Limited(600115) , Salem biology and Zhejiang Jiuzhou Pharmaceutical Co.Ltd(603456) also decreased by more than 20%.
In terms of changes in the balance of securities lending, the balance of securities lending of 36 stocks increased by more than one time from the 16th to the 17th, among which, Dazhong Transportation (Group) Co.Ltd(600611) , Guangzhou Hengyun Enterprises Holdings Ltd(000531) , China Publishing & Media Holdings Co.Ltd(601949) , Anhui Huamao Textile Company Limited(000850) increased by more than 17 times. In the changes on the 18th, the balance of securities lending and borrowing of 24 stocks increased by more than one time, among which, Heilongjiang Interchina Water Treatment Co.Ltd(600187) , Guangdong Meiyan Jixiang Hydropower Co.Ltd(600868) , Lifan Technology(Group)Co.Ltd(601777) , Anhui Heli Co.Ltd(600761) increased by more than 23 times.
northbound capital net inflow of 13.7 billion in three days
Different from the leverage reduction of floor funds during the rebound, the net outflow of northbound funds decreased significantly after the rebound of a shares, and was adjusted to the net inflow state in the next two trading days.
Since the 7th, northbound funds have been in a net outflow state, of which the net outflow on the 9th, 14th and 15th exceeded 10 billion yuan.
With the rebound of a on the 16th, the net outflow of northbound funds decreased sharply from 16.024 billion yuan the previous day to only 82 million yuan. On the 17th and 18th, it began to reverse to the state of net inflow, with a net inflow of 5.365 billion yuan and 8.457 billion yuan respectively. The total net inflow in the three trading days was 13.74 billion yuan.
As of the 18th, foreign capital held 102748 billion A-Shares through land stock connect, with a market value of 2.29 trillion yuan, accounting for 3.437% of the market value of circulating a shares.
From the details of the top ten active stocks, 12 stocks were favored by northbound funds on the 18th, all in a net inflow state. Among them, China Merchants Bank Co.Ltd(600036) , Citic Securities Company Limited(600030) , Longi Green Energy Technology Co.Ltd(601012) obtained a large amount of net capital inflow to the north, which were 1.202 billion yuan, 583 million yuan and 527 million yuan respectively.
Another eight stocks suffered a net outflow of funds from the north The north facing capital outfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfoutfnorth of stocks such as the stock of the Kweichow Moutai Co.Ltd(600519) itis 778 million yuan and 553 million yuan.
In terms of the number of land stock connect institutions of individual shares, on the 18th, Kweichow Moutai Co.Ltd(600519) held the largest number of institutions, reaching 101 Ping An Insurance (Group) Company Of China Ltd(601318) , Longi Green Energy Technology Co.Ltd(601012) , Wuliangye Yibin Co.Ltd(000858) , S.F.Holding Co.Ltd(002352) have more than 90 shareholding institutions. The market values of these five stocks held by land stock connect institutions were 141281 billion yuan, 29.562 billion yuan, 54.075 billion yuan, 34.974 billion yuan and 11.803 billion yuan respectively.
